For sale · Costa del Sol · Vélez-Málaga
Available8-Bed Finca for Sale in Costa del Sol East, Vélez-Málaga
€1,195,000
8 beds · 8 baths · 1094 m² built · 3411 m² plot
Ref HT5427337Updated daily · Last sync 9 July 2026
About this property
Overview
Eight-bedroom finca with private pool in Costa del Sol East, Vélez-Málaga, Costa del Sol. This fully renovated Andalusian cortijo dates from 1936 and sits within 3,411sqm of landscaped grounds in the Montes de Málaga Natural Park, combining original architectural character with contemporary living standards across 1,094sqm of interior space.
The property contains eight en-suite bedrooms, each with its own bathroom, spread across multiple levels that follow the natural terrain. Living areas include several reception rooms with exposed wooden beams and terracotta flooring, a modern kitchen, and separate guest accommodation. Outside, the private swimming pool sits within mature gardens planted with olive and fruit trees, while covered terraces provide shaded dining areas with views across the surrounding parkland. The estate comes fully furnished and includes parking for one vehicle, with additional space available on the grounds.
The finca lies within the protected Montes de Málaga Natural Park, 15 minutes by car from Colmenar village where shops and restaurants are located. Málaga Airport is 45 minutes away, with the same journey time to the coastal towns of Torre del Mar and Rincón de la Victoria on the Mediterranean shoreline. The property's elevated position at approximately 600 metres provides cooler summer temperatures than the coast while maintaining year-round accessibility via a paved access road that connects to the MA-3101.
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Features
What this home includes
- Pool
Property details
Specifications
- Property type
- Finca
- Subtype
- Finca - cortijo
- Bedrooms
- 8
- Bathrooms
- 8
- Built area
- 1094 m²
- Plot size
- 3411 m²
- Parking spaces
- 1
- Pool
- Yes
- Area
- Costa del Sol East
- City
- Vélez-Málaga
- Province
- Málaga
- Coast
- Costa del Sol
Location
Costa del Sol East, Vélez-Málaga
Map shows the approximate Costa del Sol East, Vélez-Málaga area. Exact address provided upon request. This property is in Vélez-MálagaCosta del Sol.
Nearest beach
10 mindrive
Puerto Deportivo Caleta de Vélez
11 mindrive
Hospital Comarcal de La Axarquía
9 mindrive
Málaga Airport (AGP)
58 mindrive
9 questions answered
Buying this finca in Costa del Sol East
Can foreigners buy property in Vélez-Málaga?
Yes. Spain places no restrictions on foreign buyers, EU and non-EU citizens can purchase freely in Vélez-Málaga. You will need a Spanish NIE (foreigner tax number) before signing the title deed, plus a Spanish bank account for the transfer. The full purchase typically completes 6 to 10 weeks from signing the reservation contract.
What is an NIE and how do I get one?
The NIE (Número de Identificación de Extranjero) is your Spanish tax ID and is mandatory for buying property, opening a bank account or paying taxes. You can apply at a Spanish consulate in your home country or in person in Spain. Your lawyer can also obtain it on your behalf with a power of attorney, typically 2 to 4 weeks.
Do I need a Spanish lawyer?
Strongly recommended. An independent lawyer (abogado), separate from the agent and seller, verifies title, checks for debts and planning issues, drafts contracts and represents you at the notary. Typical fee is 1% of the purchase price plus VAT, with a minimum around €1,500.
How long does completion take?
From accepted offer to keys: 6 to 10 weeks for a resale, 30 to 45 days from reservation if no mortgage is needed. New-build off-plan completes when the development is delivered, often 18 to 36 months after reservation, with staged payments along the way.
What taxes will I pay buying a property in Vélez-Málaga?
Resale property in Andalucía: ITP (transfer tax) at 7%. New-build: 10% IVA + 1.2% AJD (stamp duty). Plus notary, land registry and legal fees of roughly 1 to 2%. Budget 10 to 13% on top of the asking price for total acquisition costs.
What ongoing costs should I expect?
Annual IBI (council tax) is typically 0.4 to 1.1% of cadastral value. Community fees on apartments and gated villas range €100 to €600/month depending on amenities. Non-resident owners pay an annual income tax based on cadastral value, plus utilities and home insurance.
Are agent fees paid by the buyer or seller?
In Spain the seller pays the agent commission (typically 3 to 6% + VAT), already baked into the asking price. Buyers do not pay agent fees on resale or new-build.
Can non-residents get a Spanish mortgage?
Yes. Spanish banks lend to non-residents at typical LTVs of 60 to 70% of the lower of purchase price or valuation (vs 80% for residents). Rates are competitive with the rest of the eurozone. You will need 6 months of bank statements, tax returns and proof of income, pre-approval takes 2 to 4 weeks.
Should I get pre-approval before viewing?
Recommended for serious buyers. A mortgage in principle confirms your budget, signals credibility to sellers and shortens completion. We can introduce you to specialist non-resident mortgage brokers familiar with the local market.
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